For Sale: New Ulm MLS# 7079613
Active
NEW!
$299,900
Single Family: 1 Story
4 br • 2 ba • Built 1964
2,282 sqft • 0.19 acres
New Ulm schools
MLS# 7079613
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Property Description
Welcome to 921 N Payne Street in New Ulm! This spacious 4 bedroom, 2 bathroom home offers over 2, 300 finished square feet along with a unique opportunity for both homeowners and investors alike. The main level features comfortable everyday living with fresh paint updates throughout the kitchen, dining room, living room, and bedroom spaces, creating a bright and inviting feel from the moment you walk in. The home also features durable steel siding for added curb appeal and low-maintenance exterior living.
Downstairs, the home truly stands out with a licensed lower-level rental setup complete with its own kitchenette, living room, bedroom with newly added egress window, 3/4 bathroom, and walkout access. Whether you’re looking to offset your mortgage through rental income, create a private space for multigenerational living, or expand your investment portfolio, this flexible layout opens the door to multiple possibilities.
The basement also features an additional bonus room that could be converted into a 5th bedroom, used as an indoor workshop, home gym, office, or provide valuable extra storage space depending on your needs.
Additional updates include a new kitchen faucet, added basement screen door, and exterior paint improvements. The attached 2-stall garage, functional layout, and established neighborhood location make this property an attractive option for owner-occupants and investors alike.
Homes with income-producing potential like this are hard to find in New Ulm. Schedule your showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$299,900
Price per sq ft:
$131
Property Type:
Single Family
City:
New Ulm
Garage Spaces:
2
County:
Brown
Year Built:
1964
State:
MN
Property Style:
1 Story
Zip Code:
56073
Subdivision Name:
North Of Center
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,282 ft2
Total Fireplaces:
0
Living Area:
2,282 ft2
Common Wall:
No
Appliances Included:
- Dishwasher
- Dryer
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Washer
- Water Softener Owned
Basement Details:
- Block
- Egress Window(s)
- Finished
- Full
- Single Tenant Access
- Storage/Locker
- Walkout
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
25x23
Garage Size:
575 ft2
Air Conditioning:
Central Air
Foundation Size:
1,218 ft2
Handicap Accessible:
None
Out Buildings:
Garage(s)
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached Garage
Unit Amenities:
- Ceiling Fan(s)
- Main Floor Primary Bedroom
- Patio
Road Frontage:
City Street
Exterior Material:
Frame
Roof Details:
Age Over 8 Years
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
1
Bathroom Details:
- 3/4 Basement
- Main Floor Full Bath
Dining/Kitchen:
Separate/Formal Dining Room
Laundry:
In Basement
| Main Level | Size | Sq Ft |
|---|---|---|
| Dining Room | 14 x 12 | 168 |
| Bedroom | 10 x 9 | 90 |
| Kitchen | 13 x 10 | 130 |
| Living Room | 22 x 13 | 286 |
| Bedroom 2 | 13 x 10 | 130 |
| Bedroom 3 | 13 x 10 | 130 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Bedroom 4 | 13 x 10 | 130 |
| Kitchen- 2nd | 13 x 13 | 169 |
| Laundry | 12 x 13 | 156 |
| Living Room | 19 x 13 | 247 |
| Workshop | 10 x 13 | 130 |
Lot & Land
Acres:
0.19
Geolocation:
44.318603, -94.476695
Lot Dimensions:
165 x 50
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
88
District Phone:
5073598401
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$2,732
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$2,772
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Preferred Rlty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.